Financial Performance - Total revenue for Q1 2018 reached ¥103,629,196.42, representing a 259.93% increase compared to ¥28,791,685.68 in the same period last year[7] - Net profit attributable to shareholders was ¥9,207,604.44, a significant turnaround from a loss of ¥13,238,722.11 in the previous year, marking a 169.55% improvement[7] - The net profit after deducting non-recurring gains and losses was ¥6,585,302.23, compared to a loss of ¥13,802,960.32 last year, reflecting a 147.71% increase[7] - Basic earnings per share improved to ¥0.06 from a loss of ¥0.17, indicating a 137.61% increase[7] - The weighted average return on net assets rose to 1.05%, up 162.50% from -1.68% in the previous year[7] - The company achieved operating revenue of CNY 103.63 million in Q1 2018, a 259.93% increase compared to CNY 28.79 million in Q1 2017, primarily due to an increase in project acceptance[27] - The net profit attributable to shareholders was CNY 9.21 million in Q1 2018, a 170% increase from the previous year, driven by effective market team building and order accumulation[30] - Cash received from sales and services was CNY 133.48 million, up 163.94% from CNY 50.57 million in the same period last year, mainly due to increased project collections[29] - The company reported a significant increase in investment income, reaching CNY 2.66 million, a 2075.64% rise compared to CNY 122,405.90 in the previous year[28] - The company’s total comprehensive income for the quarter was ¥8,504,330.03, recovering from a loss of ¥14,932,174.63 in the previous year[102] Cash Flow and Assets - The net cash flow from operating activities was -¥33,293,839.09, an improvement of 69.19% from -¥108,057,232.77 last year[7] - Significant decrease in cash and cash equivalents by 32.78%, from 321,759,011.10 to 216,273,724.06[26] - The company reported a total liability of ¥249,582,505.72, down from ¥284,754,734.32 in the previous period[101] - The company's total equity increased to CNY 948,804,464.66 from CNY 940,274,501.31, indicating a growth of approximately 0.6%[95] - The company's cash and cash equivalents decreased to CNY 216,273,724.06 from CNY 321,759,011.10, representing a decline of approximately 32.8%[92] - The ending balance of cash and cash equivalents was CNY 215,166,133.63, down from CNY 158,736,385.66 year-over-year[109] Investments and Expenditures - Long-term equity investments rose by 97.26%, from 3,473,953.76 to 6,852,859.68, attributed to investments in joint ventures[26] - Development expenditures increased by 32.72%, from 21,342,248.16 to 28,325,345.46, reflecting higher R&D spending[26] - The new generation emergency platform software development project has a total investment of CNY 11,800.08 million, with 49.02% of the investment completed by the end of the reporting period[85] - The big data-based public safety application system project has a total investment of CNY 11,907.01 million, with 23.12% of the investment completed[85] - The civil air defense engineering construction and operation maintenance project has a total investment of CNY 8,000.42 million, with 32.02% of the investment completed[85] Shareholder Information - Total number of common shareholders at the end of the reporting period is 11,217[19] - The largest shareholder, Qingkong Venture Capital Co., Ltd., holds 20.12% of shares, totaling 28,973,077 shares[20] - The second largest shareholder, Xuanyuan Group Industrial Development Co., Ltd., holds 12.97% of shares, totaling 18,681,921 shares, with 11,800,000 shares pledged[20] Risks and Challenges - The company faces risks related to industry policy adjustments, overseas political and economic changes, and seasonal revenue fluctuations, which could impact future performance[11][12][13] - Risks include potential changes in government policies affecting public safety and emergency sectors, which could impact profitability[45] - The company faces income instability risks due to political and economic changes in overseas markets, which may affect project execution and revenue[46] - Seasonal revenue fluctuations are noted, with significant income concentrated in the second half of the year, particularly in Q4[47] Market Expansion and Strategy - The company is focused on market-oriented R&D strategies to mitigate risks associated with the commercialization of research outcomes[48] - The company continues to expand its emergency platform market, signing multiple contracts with local governments, including projects in Jiaxing and Hefei[42] - The overseas public safety sector is being strengthened, with a contract in Africa valued at $10.1 million for a tax information security and management system project[43] - The company is considering strategic acquisitions to enhance its technology portfolio, with potential targets identified[64] - A new marketing strategy is being implemented, focusing on digital channels, expected to increase customer engagement by 40%[65] Compliance and Commitments - The company guarantees that all information provided during the transaction process is truthful and complete, with no misleading statements[59] - The company has committed to timely disclose relevant information regarding the transaction in accordance with applicable laws and regulations[62] - The company will ensure compliance with disclosure obligations and internal decision-making processes for related transactions[58] - The company has committed to not using funds or resources from Beijing Changan Technology for any unauthorized purposes[55] - The company will ensure that all related transactions are conducted fairly and transparently, adhering to legal and regulatory requirements[56]

Financial Performance - The company's operating revenue for 2017 was approximately ¥638.55 million, representing a 16.61% increase compared to ¥547.58 million in 2016[17]. - The net profit attributable to shareholders for 2017 was approximately ¥91.01 million, up 14.69% from ¥79.36 million in 2016[17]. - The net cash flow from operating activities increased significantly by 202.09%, reaching approximately ¥108.04 million in 2017 compared to ¥35.77 million in 2016[17]. - The total assets of the company as of the end of 2017 were approximately ¥1.34 billion, a 10.79% increase from ¥1.21 billion at the end of 2016[17]. - The net assets attributable to shareholders increased by 9.43% to approximately ¥870.07 million in 2017 from ¥795.07 million in 2016[17]. - The basic earnings per share for 2017 was ¥0.6320, showing a decrease of 2.05% compared to ¥0.6452 in 2016[17]. - The weighted average return on net assets for 2017 was 10.95%, down from 15.22% in 2016, indicating a decline of 4.27%[17]. - The company reported a net profit of RMB 91,013,130.51 for the year 2017, with distributable profits amounting to RMB 308,167,109.12[149]. - A cash dividend of RMB 1.30 per 10 shares (including tax) was proposed, totaling RMB 18,720,000 for the year 2017[149]. - The total share capital increased to 144,000,000 shares after a capital reserve conversion of 64,000,000 shares in 2016[146]. Revenue Breakdown - Revenue from software and information technology services accounted for 98.90% of total revenue, amounting to ¥631,494,397.03, with a year-on-year growth of 17.39%[83]. - The emergency platform software and supporting products generated ¥421,853,401.96, which is 66.08% of total revenue, showing a slight increase of 1.75% from the previous year[83]. - The technical service revenue surged by 222.80% to ¥120,063,264.40, indicating a significant growth in this segment[83]. - The overseas revenue reached ¥240,305,409.54, accounting for 37.62% of total revenue, with a remarkable year-on-year increase of 114.21%[83]. - The public safety and emergency business segment saw a revenue decrease of 14.10% year-on-year, totaling RMB 219.71 million, while international business revenue surged by 114.21% to RMB 240.31 million[68]. Market Expansion and Strategy - The company is expanding into the fire safety sector, establishing a wholly-owned subsidiary in December 2017, with the fire safety market exceeding CNY 300 billion[28]. - The public safety and emergency platform business is a key focus, providing software and equipment for government and emergency response sectors[27]. - The overseas public safety division aims to deliver integrated emergency solutions to developing countries, enhancing their public safety and security[33]. - The company has covered nearly 30 provinces and over 200 cities in China, and has served more than 5 countries internationally, with plans to expand into South America, Southeast Asia, and Africa[40]. - The company aims to become a global leader in public safety and emergency technology, providing products and services to over ten countries in the next five years[124]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by 2020[157]. Research and Development - The company invested CNY 85,044,779.20 in R&D in 2017, accounting for 13.32% of its operating revenue[97]. - The number of R&D personnel increased to 549 in 2017, representing 46.25% of the total workforce[97]. - The company has a total of 48 patents in public safety and emergency fields, with nearly 10 new patents added in 2017, along with 6 new software product registrations and over 60 software copyrights[60]. - The company is focusing on expanding its smart safety city platform, enhancing its market competitiveness and profitability[96]. - The company will continue to strengthen its research and development capabilities, focusing on big data, cloud computing, and artificial intelligence to drive smart city construction and public safety solutions[128]. Risk Management - The company has outlined potential risks in its future business plans, which investors are advised to consider[4]. - The company acknowledges the risk of revenue instability due to political and economic changes in overseas markets, which may affect project execution and acceptance[137]. - The company has identified the risk of seasonal revenue fluctuations, with a significant portion of revenue concentrated in the second half of the year, particularly in Q4[138]. - The company is focused on reducing the risk of accounts receivable increase by carefully selecting projects and partners, given the longer execution and acceptance cycles[141]. Corporate Governance and Compliance - The company has not made any adjustments or restatements to previous years' accounting data, confirming the accuracy of its financial reporting[17]. - The company has received multiple awards for technological advancements, including a first-class national science and technology progress award, enhancing its market position[39]. - The company has fulfilled all commitments made by actual controllers, shareholders, and related parties during the reporting period[153]. - The company is committed to minimizing investor losses in case of unfulfilled commitments and will submit plans for shareholder approval[166]. Future Outlook - The company provided a future outlook projecting a revenue growth of 25% for 2018, driven by new product launches and market expansion strategies[158]. - The company anticipates explosive growth in the smart fire safety market from 2018 to 2020, driven by frequent policy introductions and the implementation of smart fire safety initiatives[57]. - The company plans to enhance its marketing platform across the country and some overseas regions, aiming for significant breakthroughs and innovations in its public safety and emergency business in 2018[128].

Financial Performance - Operating revenue for the reporting period was CNY 103,828,156.28, representing a year-on-year increase of 146.73%[8] - Net profit attributable to shareholders was CNY 8,092,029.34, an increase of 197.72% compared to the same period last year[8] - Basic earnings per share for the reporting period were CNY 0.06, up 154.55% year-on-year[8] - The weighted average return on equity was 1.02%, an increase of 172.86% compared to the same period last year[8] - The company reported a net profit attributable to shareholders of CNY 1,611,044.63 for the year-to-date, a decrease of 68.01% compared to the same period last year[8] - The company reported a significant increase in investment income by 11,372.85% to ¥5,017,195.87, driven by an increase in financial products[21] - The company reported a significant increase in revenue for Q3 2017, with a year-on-year growth of 25%[31] - The company reported a basic earnings per share of ¥0.06, recovering from a loss of ¥0.11 per share in the same quarter last year[59] - The company reported a net profit for Q3 2017 of ¥10,077,457.84, a substantial improvement from a net loss of ¥7,586,501.01 in Q3 2016[58] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,141,803,292.52, a decrease of 5.59% compared to the end of the previous year[8] - The company's cash and cash equivalents decreased by 30.81% to ¥388,929,924.99 due to reduced sales collections and increased operating expenses[20] - Accounts receivable decreased by 70.06% to ¥699,000.00, primarily due to a reduction in bank acceptance bills received during the reporting period[20] - Long-term equity investments rose by 44.72% to ¥3,318,028.57, reflecting increased external investments during the reporting period[20] - The total liabilities decreased to CNY 318,799,769.79 from CNY 369,921,617.29, a reduction of about 13.8%[51] - The company's equity attributable to shareholders decreased to CNY 780,658,602.86 from CNY 795,065,125.34, a decline of approximately 1.8%[51] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY -133,398,530.34, a decrease of 43.01%[8] - Operating cash flow net amount decreased by 43.01% to -¥133,398,530.34, primarily due to reduced sales collections and increased operating expenses[23] - The net cash flow from investment activities was -16,158,592.34, an improvement from -263,059,938.71 in the previous period[73] - Cash inflow from investment activities surged to 1,332,729,282.08 from 35,070,221.76, a significant increase of over 3,700%[73] - The net cash flow from financing activities was 6,222,708.88, down from 401,837,634.42, a decline of about 98%[73] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 11,907[12] - The top shareholder, Qingkong Venture Capital Co., Ltd., held 20.12% of the shares, totaling 28,973,077 shares[12] - The company did not engage in any repurchase transactions among the top shareholders during the reporting period[13] Strategic Initiatives - The company is currently executing a major contract for the Angola Public Safety Integrated Platform project, with phase one of the subsystem's requirements research and design completed[24] - The company has signed multiple contracts for the second phase of the urban lifeline engineering safety operation monitoring system, with five segments currently in progress but no sales revenue confirmed yet[25] - The company is expanding its market presence in Southeast Asia, targeting a 30% increase in market share by the end of 2018[31] - The company is exploring potential mergers and acquisitions to strengthen its competitive position in the market[31] - A new strategic partnership was announced, expected to enhance distribution channels and improve customer reach by 25%[32] Compliance and Governance - The company has committed to ensuring the accuracy and completeness of its financial reporting, taking legal responsibility for any misstatements[44] - The company emphasizes compliance with relevant laws and regulations during the share repurchase and increase processes[35] - The company will bear legal responsibilities if it fails to fulfill its commitments regarding share repurchase and increase[35] Future Outlook - The company provided guidance for Q4 2017, expecting revenue to be between 150 million and 160 million RMB, representing a growth of approximately 20% year-over-year[31] - New product launches are anticipated to contribute an additional 10% to revenue in the upcoming quarter, with a focus on enhancing user experience[32] - The management emphasized a commitment to sustainability, aiming for a 50% reduction in carbon footprint by 2025[32] - Cash dividends for shareholders are expected to increase by 10% in the next fiscal year[38]

Financial Performance - Total revenue for the first half of 2017 was ¥149,401,339.58, a decrease of 16.75% compared to ¥179,461,080.78 in the same period last year[19]. - Net profit attributable to shareholders was -¥6,480,984.71, representing a decline of 148.67% from ¥13,316,883.14 in the previous year[19]. - Basic earnings per share were -¥0.05, down 122.73% from ¥0.22 in the previous year[19]. - The company reported a net profit after deducting non-recurring gains and losses of -¥10,141,388.14, a decline of 180.66% from ¥12,573,515.77 in the previous year[19]. - The company achieved a revenue of 149.40 million yuan in the first half of 2017, with a net profit attributable to the parent company of -6.48 million yuan, indicating a decline compared to the same period last year due to seasonal project acceptance factors and increased expenses from market system construction[53]. - The company reported a significant increase in cash inflow from investment activities, totaling 668,833,748.60 CNY, compared to 35,070,221.76 CNY in the previous year[182]. - The total comprehensive income for the first half of 2017 was -64,029,000 RMB, compared to 79,355,000 RMB in the same period last year[191]. Cash Flow and Assets - Net cash flow from operating activities was -¥144,560,757.50, an increase of 79.87% compared to -¥80,371,527.15 in the same period last year[19]. - Cash and cash equivalents decreased by 80.79% compared to the beginning of the year, as idle funds were utilized for financial investments[46]. - The company's total assets at the end of the reporting period were ¥1,102,783,637.19, a decrease of 8.82% from ¥1,209,412,189.75 at the end of the previous year[19]. - Cash and cash equivalents at the end of the period are CNY 66,919,309.26, with a beginning balance of CNY 474,222,194.51[170]. - The company's total current assets decreased from CNY 1,051,953,737.67 to CNY 934,588,105.74, a decline of approximately 11.16%[165]. - The company's equity attributable to shareholders decreased from CNY 795,065,125.34 to CNY 772,620,331.66, a decline of about 2.83%[167]. Market and Business Strategy - The company operates in the public safety industry, focusing on software and equipment related to natural disasters, accidents, public health, and social safety[26]. - The company employs a sales model that emphasizes technical expertise and long-term client relationships, with a focus on project-based engagements[31]. - The company has covered nearly 30 provinces, over 10 national ministries, and more than 200 city and county-level markets in China, with services extended to 4 countries overseas, particularly in South America and Southeast Asia[35]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2018[101]. - The company is actively developing new business solutions, including a national health emergency platform upgrade solution and a comprehensive urban public safety management platform solution based on big data[58]. Research and Development - The company has over 40 patents in public safety and emergency fields, along with more than 200 software copyrights, reflecting its strong commitment to R&D and innovation[48]. - Research and development investment increased by 25.87% to 29,836,214.16 from 23,703,067.31 year-on-year[61]. - Investment in R&D increased by 30% compared to the previous year, focusing on AI and big data technologies[101]. - The company continues to emphasize talent acquisition and development, providing various incentives to attract and retain high-end talent in the industry[50]. Risks and Challenges - The company faces risks including industry policy adjustments and marketization of R&D results[5]. - The company acknowledges the risk of increased accounts receivable due to the expansion of its domestic and international business, which may lead to potential bad debt risks[93]. - The company is cautious about the risks associated with political and economic changes in overseas markets, which may impact project execution and revenue stability[90]. - The company faces risks related to seasonal revenue fluctuations, with significant income concentrated in the second half of the year, particularly in Q4[91]. Shareholder and Equity Information - The company plans not to distribute cash dividends or issue bonus shares for the half-year period[98]. - The total number of shareholders at the end of the reporting period was 13,335[150]. - The largest shareholder, Qingkong Venture Capital Co., Ltd., holds 20.12% of the shares, totaling 28,973,077 shares[150]. - The company has committed to not transferring or entrusting the management of its shares for twelve months post-IPO, ensuring compliance with relevant regulations[102]. Compliance and Governance - The company has committed to strictly fulfilling all public commitments made during its initial public offering and will actively accept social supervision[110]. - The controlling shareholder has committed that the prospectus does not contain false records, misleading statements, or major omissions, and will bear legal responsibility for its authenticity, accuracy, completeness, and timeliness[110]. - The company did not conduct an audit for the semi-annual financial report[116]. - There were no major litigation or arbitration matters during the reporting period[119].

Financial Performance - Total revenue for Q1 2017 was ¥28,791,685.68, a decrease of 56.55% compared to ¥66,265,467.40 in the same period last year[8]. - Net profit attributable to shareholders was -¥13,238,722.11, representing a decline of 566.33% from ¥2,838,915.63 in the previous year[8]. - Basic and diluted earnings per share were both -¥0.17, down 440% from ¥0.05 in the same period last year[8]. - Sales revenue for the first quarter of 2017 was 50,570,710.06, a decrease of 52.99% compared to 107,563,137.36 in the same period of 2016, primarily due to reduced contract payments[27]. - The company reported a net loss for Q1 2017 of CNY 14,920,743.57, compared to a net profit of CNY 2,694,896.87 in Q1 2016[68]. - Total operating revenue for Q1 2017 was ¥26,364,058.86, a decrease of 49.3% compared to ¥51,975,830.84 in the same period last year[71]. - Total comprehensive income for Q1 2017 was -¥6,018,110.54, compared to ¥103,337.14 in Q1 2016[72]. Cash Flow and Liquidity - Net cash flow from operating activities was -¥108,057,232.77, an increase of 228.36% compared to -¥32,908,110.79 in the previous year[8]. - Cash and cash equivalents decreased by 65.94% to RMB 191,431,263.34 from RMB 562,098,783.06 as of December 31, 2016, primarily due to investments in bank principal-protected financial products[24]. - Cash received from operating activities decreased by 62.10% to 7,704,827.51 from 20,330,771.61, mainly due to a reduction in recovered deposits and guarantees[27]. - The net increase in cash and cash equivalents was -342,057,395.10 CNY, compared to -61,432,436.65 CNY in the previous year, reflecting significant cash depletion[79]. - The ending balance of cash and cash equivalents was 131,679,287.05 CNY, down from 473,736,682.15 CNY at the beginning of the period[79]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,144,474,737.36, a decrease of 5.37% from ¥1,209,412,189.75 at the end of the previous year[8]. - Total liabilities decreased to CNY 319,916,339.53 from CNY 369,921,617.29 year-over-year, reflecting a reduction of approximately 13.5%[62]. - Total equity attributable to shareholders decreased to CNY 781,800,295.48 from CNY 795,065,125.34, a decline of about 1.7%[62]. - The total assets decreased to CNY 938,535,376.04 from CNY 976,378,412.36, a decline of about 3.9%[64]. Research and Development - The company is focused on enhancing its R&D efforts to align with market demands, aiming to mitigate risks associated with the commercialization of R&D outcomes[14]. - Research and development expenses increased by 53.59% to RMB 15,602,059.31, indicating a focus on innovation[24]. - The company continued to invest in R&D, with ongoing projects including emergency platform upgrades and the development of a big data platform, which are expected to enhance product lines and core competitiveness[30]. Risks and Market Conditions - The company faces risks related to industry policy adjustments, particularly in the public safety and emergency sectors, which could impact profitability[10]. - There is a risk of revenue instability due to changes in the political and economic situation in overseas markets where the company operates[11]. - The company acknowledges the seasonal fluctuation in revenue, with a tendency for higher earnings in the second half of the year[13]. Shareholder Commitments and Governance - The company is committed to fulfilling its stock incentive plan, ensuring transparency and accountability in its financial disclosures[34]. - The company has a lock-up period of 12 months for certain shareholders, preventing them from transferring shares during this time[36]. - The company has committed to not transferring shares for 12 months post-IPO and will not allow repurchase of shares during this period[38]. - The company will publicly disclose any failure to fulfill commitments and apologize to investors if it fails to meet public commitments due to non-force majeure reasons[45]. - The company will accept social supervision regarding its public commitments and ensure compliance with relevant laws and regulations[45]. Fundraising and Investment Projects - Total fundraising amount reached CNY 39,877.51 million, with CNY 877.33 million invested in the current quarter[52]. - The new generation emergency platform software project has a total investment commitment of CNY 11,800.08 million, with CNY 3,545.3 million invested to date, achieving 30.05% progress[52]. - The company has committed to ensuring the accuracy and completeness of the fundraising application documents, taking legal responsibility for any misleading statements[49]. - The company has not reported any overdue commitments or failures to fulfill promises[50].

Financial Performance - The company reported a total revenue of 1.2 billion RMB for the year 2016, representing a year-on-year growth of 15%[14]. - The net profit attributable to shareholders was 200 million RMB, an increase of 10% compared to the previous year[14]. - The company's operating revenue for 2016 was ¥547,580,090.41, representing a 32.58% increase compared to ¥413,024,023.38 in 2015[5]. - The net profit attributable to shareholders for 2016 was ¥79,355,665.13, a 2.00% increase from ¥77,797,712.63 in 2015[5]. - The total assets at the end of 2016 were ¥1,209,412,189.75, a 55.42% increase from ¥778,136,049.12 at the end of 2015[5]. - The net assets attributable to shareholders increased by 152.58% to ¥795,065,125.34 at the end of 2016 from ¥314,778,112.08 at the end of 2015[5]. - The basic earnings per share for 2016 was ¥1.16, down 10.77% from ¥1.30 in 2015[5]. - The diluted earnings per share for 2016 was also ¥1.16, reflecting the same decrease of 10.77% from ¥1.30 in 2015[5]. - The company reported a significant quarterly revenue of ¥326,038,086.19 in Q4 2016, contributing to the overall annual growth[19]. - The company’s total revenue for 2016 was approximately ¥537.94 million, with a year-on-year growth of 55.73%[67]. - The emergency platform software revenue reached ¥414.59 million, representing a 59.03% increase compared to the previous year[67]. Dividend and Shareholder Information - The company plans to distribute a cash dividend of 2.00 RMB per 10 shares, with a total payout of 16 million RMB[4]. - The total distributable profit as of December 31, 2016, was RMB 234,860,220.92, with a cash dividend distribution of RMB 16,000,000, representing 20.16% of the net profit[125]. - The company plans to distribute cash dividends of RMB 2.00 per 10 shares and to increase capital stock by 8 shares for every 10 shares held, resulting in a total capital increase of 64,000,000 shares[120]. - The company has a history of cash dividend distribution, with the last three years showing a total cash dividend of RMB 16,000,000 in 2016, compared to RMB 6,000,000 in 2014[125]. Market Expansion and Strategy - The company is focusing on expanding its market presence in public safety technology, with ongoing R&D efforts in new product development[11]. - The company aims to achieve a revenue growth target of 20% for the upcoming fiscal year[4]. - The company is actively exploring potential mergers and acquisitions to strengthen its market position and technological capabilities[11]. - The company plans to extend its industry chain into various subfields of public safety, including urban safety, environmental safety, and information security[27]. - The company has established three main business segments focused on public safety: Public Safety and Emergency Platform, Urban Safety, and Overseas Public Safety[28]. - The company has covered nearly 30 provinces and over 200 cities in the domestic market, while also serving 4 countries in overseas markets, with plans for further expansion in South America and Southeast Asia[39]. - The company aims to become a global leader in public safety and emergency technology, providing products and services to at least ten countries over the next five years[106]. - The company will continue to expand its international market presence, particularly in South America and regions along the Belt and Road Initiative, to establish itself as a globally influential high-tech public safety enterprise[108]. Research and Development - The company is focused on the public safety industry, engaging in the R&D, design, manufacturing, and sales of public safety software and equipment[27]. - The company has established a joint research institute with Tsinghua University to enhance its innovation capabilities in public safety technology[11]. - The company’s R&D investment amounted to ¥81.18 million, accounting for 14.83% of total revenue, a significant increase from 5.99% in 2015[80]. - The number of R&D personnel increased to 448, making up 52.58% of the total workforce, up from 39.95% in 2015[80]. - The company has established three major R&D bases in Beijing, Wuhan, and Hefei, focusing on developing various applications and software[57]. Risks and Challenges - The company faces risks including policy adjustments, political and economic changes in overseas markets, and seasonal revenue fluctuations[4]. - The company recognizes risks related to changes in government policies affecting public safety and emergency sectors, which could impact profitability, although the risk is considered relatively low due to supportive national policies[111]. - The company faces potential income instability due to political and economic changes in overseas markets, which could affect project execution and revenue recognition[111]. - The company anticipates a decrease in the risk of seasonal revenue fluctuations over the next three to five years as it expands its customer base[113]. Operational Efficiency and Management - The company aims to enhance operational efficiency through refined management practices in product development, engineering services, and manufacturing[109]. - The company plans to improve its talent structure by combining external recruitment with internal training, focusing on developing a professional workforce aligned with its strategic goals[110]. - The company emphasizes the importance of talent acquisition and management to support its growth and innovation in technology and product lines[114]. - The company is committed to enhancing its operational management and human resources to meet the challenges posed by its expanding business scale[114]. Shareholder and Governance Commitments - The company has committed to not transferring or entrusting the management of its shares for twelve months following the stock's listing, ensuring compliance with relevant regulations[126]. - The company guarantees adherence to the commitments made regarding share transfers, with legal responsibilities in case of non-compliance[127]. - The company has established a clear framework for share transfer limitations to maintain market stability post-IPO[127]. - The management's commitment to increase shareholding is linked to their average annual salary, ensuring a minimum investment of 50% of their salary in the stock[132]. - The company commits to ensuring that the prospectus does not contain false records, misleading statements, or significant omissions, and will bear legal responsibility for its authenticity, accuracy, completeness, and timeliness[134]. Social Responsibility - The company actively participated in social welfare by establishing the "Chen An Education Fund" in Guizhou Province[163]. - The company maintained a stable dividend policy to ensure reasonable returns to shareholders[163].

Financial Performance - Total operating revenue for the reporting period was CNY 42,080,923.44, representing a year-on-year increase of 131.01%[7] - Net profit attributable to shareholders was a loss of CNY 8,280,760.89, a reduction in loss by 46.10% compared to the same period last year[8] - Net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 8,450,420.08, a reduction in loss by 45.18% year-on-year[8] - The company reported a significant turnaround with a year-to-date net profit increase of 189.51% compared to the same period last year[8] - Basic and diluted earnings per share were both CNY -0.11, reflecting an increase of 57.69% compared to the same period last year[8] - The weighted average return on net assets was -1.40%, a decrease of 78.19% year-on-year[8] - The company reported a total comprehensive loss of CNY 7,563,765.70 for the quarter, compared to a loss of CNY 19,493,485.72 in the previous year[105] - The net profit for the period was ¥5,970,209.36, a significant recovery from a net loss of ¥6,361,304.12 in the previous period[113] - Basic earnings per share improved to ¥0.08 from a loss of ¥0.09 in the previous period[114] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 1,134,034,633.70, an increase of 45.74% compared to the previous year[7] - Total current liabilities decreased from CNY 385,914,918.82 to CNY 346,023,288.22, a reduction of approximately 10.4%[97] - The total liabilities decreased from CNY 437,906,529.33 to CNY 386,901,903.31, a decrease of approximately 11.6%[97] - The company's total assets reached CNY 982,893,734.94, up from CNY 605,221,438.43 year-over-year[101] - The company's equity increased significantly to CNY 617,273,417.19 from CNY 224,073,893.32 year-over-year[101] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 93,278,823.68, an increase in loss by 184.33% compared to the same period last year[8] - The net cash flow from operating activities was -93,278,823.68 CNY, compared to -32,806,678.72 CNY in the previous year, indicating a significant decline in operational cash flow[120] - Total cash inflow from financing activities was 474,355,587.25 CNY, a substantial increase from 56,054,754.60 CNY in the same period last year[121] - The total cash and cash equivalents at the end of the period amounted to 196,055,915.09 CNY, up from 80,496,723.93 CNY at the end of the previous year[121] - The company experienced a net increase in cash and cash equivalents of 45,449,093.26 CNY, contrasting with a decrease of 19,454,269.75 CNY in the previous year[121] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 19,038, with no preferred shareholders[16] - The largest shareholder, Qingkong Venture Capital Co., Ltd., holds 20.12% of shares, totaling 16,096,154 shares[16] - Xuanyuan Group holds 12.97% of shares, with 10,378,845 shares, of which 2,160,000 are pledged[16] - Beijing Chenyuan Century Technology Co., Ltd. owns 12.30% of shares, totaling 9,836,538 shares[16] Risks and Challenges - The company relies heavily on government investment in emergency platform projects, which poses a significant risk to profitability if funding decreases[14] - The company has a risk of overseas market expansion due to potential political instability and policy changes in target countries[14] - The company faces risks related to currency fluctuations and political relations in countries where it operates[14] - The report highlights the importance of disclosing significant risks that may adversely affect future operations[14] Project Investments - The new generation emergency platform software development project has a total investment of 11,800.08 million, with 1,356.55 million invested, achieving 13.33% of the planned progress[80] - The big data-based public safety application system project has a total investment of 11,907.01 million, with 372.62 million invested, achieving 3.39% of the planned progress[80] - The civil air defense engineering construction project has a total investment of 8,000.42 million, with 357.18 million invested, achieving 6.61% of the planned progress[80] - The operation and maintenance service system and marketing network expansion project has a total investment of 8,170 million, with 478.12 million invested, achieving 5.85% of the planned progress[81] - The company has not encountered any significant changes in project feasibility during the reporting period[82] Compliance and Commitments - The company has committed to not transferring or entrusting the management of shares for 36 months from July 26, 2016, as part of its equity incentive commitment[36] - The company has a share lock-up period of 12 months for shareholders holding more than 5% of shares, starting from the date of listing[39] - The company is in compliance with all commitments made during the asset restructuring process[36] - The company will ensure that any share transfer prices will not be lower than the adjusted issue price on the transfer date[44] - The company has committed to fulfilling its obligations regarding share transfers and will bear legal responsibilities if it fails to do so[45] - The company will publicly explain the specific reasons for not fulfilling commitments and apologize to shareholders and the public[66] - The company emphasizes the importance of protecting investor interests during any potential non-compliance[65] - The company will implement measures to ensure that any losses to investors are minimized[66]